January-February 2025 Table of Contents

THE BUZZ
Church Parking Lot Transformed Into Affordable Housing for Seniors AFFORDABLE HOUSING FINANCE Church Parking Lot Transformed Into Affordable Housing for Seniors

Hope Solutions and partners create a cottage community in Northern California. Read more

Costco Meets Affordable Housing AFFORDABLE HOUSING FINANCE Costco Meets Affordable Housing

Thrive Living's innovative project combines affordable housing, workforce units, and a Costco Wholesale store in Los Angeles. Read more

Affordable Housing Completions to Surpass 78,000 Units in 2025 AFFORDABLE HOUSING FINANCE Affordable Housing Completions to Surpass 78,000 Units in 2025

The numbers will then taper off in the coming years, according to Yardi Matrix Read more

Pennrose Announces Leadership Transition AFFORDABLE HOUSING FINANCE Pennrose Announces Leadership Transition

Tim Henkel is elevated to CEO, and Charlie Adams becomes president of the affordable housing development firm. Read more

Mercy Housing California Names President AFFORDABLE HOUSING FINANCE Mercy Housing California Names President

Tiffany Bohee takes over the role after positions at LendLease and the city of San Francisco. Read more

CHFA Appoints Next CEO AFFORDABLE HOUSING FINANCE CHFA Appoints Next CEO

Thomas Bryan will take over the top post from Cris White, who is retiring after 35 years with the Colorado agency. Read more

People on the Move 12.4.24 AFFORDABLE HOUSING FINANCE People on the Move 12.4.24

Catch up on key personnel moves at Alliant Communities, Hudson Valley Property Group, Merritt Community Capital, LISC Green, and Nixon Peabody. Read more

People on the Move 2.12.25 AFFORDABLE HOUSING FINANCE People on the Move 2.12.25

Read the latest personnel moves at BRIDGE Housing, Columbia Residential, Enterprise Community Development, Holladay Ventures, and RBC Community Investments. Read more

Eric Price Takes Helm of The NHP Foundation AFFORDABLE HOUSING FINANCE Eric Price Takes Helm of The NHP Foundation

The new president and CEO discusses industry trends and priorities in the year ahead. Read more

INDUSTRY NEWS
New Affordable Housing Development Survives L.A. Fires AFFORDABLE HOUSING FINANCE New Affordable Housing Development Survives L.A. Fires

Agencies announce disaster relief for the area. Read more

FINANCE
Cautious Start to the New Year AFFORDABLE HOUSING FINANCE Cautious Start to the New Year

LIHTC leaders brace for potential tax reform and rising costs. Read more

Fannie Mae Wraps 2024 With Over $55 Billion in Multifamily Lending MULTIFAMILY EXECUTIVE Fannie Mae Wraps 2024 With Over $55 Billion in Multifamily Lending

The GSE provides over $6.3 billion for affordable housing and sees a 101% year-over-year increase in green financing. Read more

Freddie Mac Multifamily Volume Increases 34% in 2024, Reaches $66 Billion MULTIFAMILY EXECUTIVE Freddie Mac Multifamily Volume Increases 34% in 2024, Reaches $66 Billion

The GSE surpasses its affordable housing goals. Read more

FHFA Announces Higher Multifamily Volume Caps for 2025 MULTIFAMILY EXECUTIVE FHFA Announces Higher Multifamily Volume Caps for 2025

Fannie Mae and Freddie Mac loans for workforce housing properties will continue to be exempt from the annual caps. Read more

POLICY
Turner Confirmed as HUD Secretary AFFORDABLE HOUSING FINANCE Turner Confirmed as HUD Secretary

He will lead the agency when homelessness is on the rise and housing affordability is a growing issue. Read more

FEATURE
Serving Seniors: The Aging Homeless Population AFFORDABLE HOUSING FINANCE Serving Seniors: The Aging Homeless Population

Learn about the growing number of homeless seniors and how affordable housing developers are working to meet the needs of older Americans. Read more

Shelter for Seniors Opens in Phoenix AFFORDABLE HOUSING FINANCE Shelter for Seniors Opens in Phoenix

The Haven will assist 170 older adults with temporary housing and case management. Read more

FINAL FIVE
5 Takeaways from the Homelessness Assessment Report AFFORDABLE HOUSING FINANCE 5 Takeaways from the Homelessness Assessment Report

On a single night in January 2024, 259,473 people in families with children were experiencing homelessness. Read more

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